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Yes, any company depends on Human Resources
To clarify:
Labor turnover is the biggest loss for the company in terms of costs and expertise where the company is losing its reputation as a result of labor turnover continuously and completely reversed whenever provide a work environment has become a survival of the employee for a period of longer than Helps reduce costs and job stability.
Help the working environment on the survival of the employee for a longer period in the company will not be any increase in costs outside the framework of the budget.
Actually the employee is the company itself and not the computers or the doors or the cupboards. Even if you have the latest technology and premises with low level employees you will be bankrupt in few years. however, if you have a strong working team, they can give positive results and increase the company's profit and everything else will come later like premises or doors or computers...
It's like machine and its fuel. A machine is useless without its fuel.
Yes. Human Capital is the core of business success. Financial capital has now taken a back seat as the catalyst of business growth. Welcome to a new era where Human Capital will be picked up as more dominant variable and key driver of productivity and profit. Organisation with greatest commitment to investing in people reap the highest financial returns - A new vision of Growth...My Thoughts.
Mr. Saiful now the term has been refined and now employees are NOT consider as Asset. Be assured that they are addressed as Human Capital. Being HC they keep on adding the value and multiply their skills and resources with the time.
Yes definitely
Yes, definitely...bkaz likewise u earn profit from assets, so employees also give u profit :)
I don`t know
Yes of course! An employee, especially a good one is an asset to the company.
